• Iran plans $2.5bn oil tanker expansion

    Iran plans $2.5bn oil tanker expansion

    Apr 03, 2016 09:37

    Iran is renting its oil tankers to foreigners after the lifting of sanctions and plans $2.5 billion of investment to renovate and expand the fleet, a senior official says.

  • Iran’s oil production up 100k bpd

    Iran’s oil production up 100k bpd

    Apr 02, 2016 10:49

    The latest market figures show Iran’s oil production rose by 100,000 barrels per day (bpd) in March – a yet another sign of the country’s positive performance after the removal of multiple-year sanctions.

  • Asia's imports of Iran oil hit 2-year high

    Asia's imports of Iran oil hit 2-year high

    Mar 31, 2016 10:03

    The latest market figures show that imports of crude oil from Iran by Asian clients in February jumped by about a quarter from a year earlier to levels last seen in 2014.

  • Iran says ready to export gas to Pakistan

    Iran says ready to export gas to Pakistan

    Mar 26, 2016 14:50

    Iran said on Saturday that it is ready to provide natural gas to Pakistan within months through a key pipeline that has been the focus of energy talks between the two countries for years now.

  • Boosting border security promotes economic development: President Rouhani

    Boosting border security promotes economic development: President Rouhani

    Mar 26, 2016 14:44

    President Hassan Rouhani says Iran and Pakistan should expand cooperation to boost security in the border region in a bid to promote economic development plans in both countries

  • Iran to lift visa with 28 countries

    Iran to lift visa with 28 countries

    Mar 26, 2016 14:36

    Iran said on Saturday that it is pursuing a plan to lift visa requirements with 28 countries in an effort which is meant to help boost the mutual tourism ties with the target countries.

  • Iran says positive Boeing deal coming

    Iran says positive Boeing deal coming

    Mar 25, 2016 11:09

    Iran says talks with Boeing over the purchase of new planes are continuing, stressing that a deal with the American aviation giant is “very likely” to be sealed.

  • Iran exported 14mn barrels of oil to Europe since mid-Jan.

    Iran exported 14mn barrels of oil to Europe since mid-Jan.

    Mar 25, 2016 10:32

    Iran says it has exported 14 million barrels of oil to Europe ever since the sanctions against the country were lifted in mid-January.

  • Banks still afraid of US fines to process Iran deals

    Banks still afraid of US fines to process Iran deals

    Mar 23, 2016 09:45

    Despite the January removal of economic sanctions against Iran, global enterprises are still complaining that trade with the country is still difficult as a result of lingering fears of US punitive actions.

  • Larger liability support for Iran oil imports

    Larger liability support for Iran oil imports

    Mar 23, 2016 09:39

    As Iran is moving ahead with a promised rise in its oil exports, indications are appearing that the international businesses are trying to ease the flow of the Iranian oil to markets.